More Related Content Similar to SIFE BCIT - ACE National Exposition - Nationals Presentation (20) SIFE BCIT - ACE National Exposition - Nationals Presentation20. 4 PROJECTS 7 CRITERIA
Student Initiative Showdown
Entrepreneurial Incubator
Spring Living Fair
SIFE Stimulus
21. 4 PROJECTS 7 CRITERIA
Student Initiative Showdown Market Economics
Success Skills
Entrepreneurial Incubator
Entrepreneurship
Spring Living Fair
Financial Literacy
SIFE Stimulus
Environmental Sustainability
Business Ethics
Sustainability
38. PROJECT 1: STUDENT INITIATIVE SHOWDOWN
2 GOALS
1. Provide opportunities to develop
• entrepreneurial knowledge
39. PROJECT 1: STUDENT INITIATIVE SHOWDOWN
2 GOALS
1. Provide opportunities to develop
• entrepreneurial knowledge
• financial education
40. PROJECT 1: STUDENT INITIATIVE SHOWDOWN
2 GOALS
1. Provide opportunities to develop
• entrepreneurial knowledge
• financial education
• success skills
42. PROJECT 1: STUDENT INITIATIVE SHOWDOWN
2 GOALS
2. Build self-confidence through
• positive guidance
43. PROJECT 1: STUDENT INITIATIVE SHOWDOWN
2 GOALS
2. Build self-confidence through
• positive guidance
• support
48. PROJECT 1: STUDENT INITIATIVE SHOWDOWN
SIFE BCIT provided
• one-on-one tutoring
• mentorship
49. PROJECT 1: STUDENT INITIATIVE SHOWDOWN
SIFE BCIT provided
• one-on-one tutoring
• mentorship
• business workshops
53. PROJECT 1: STUDENT INITIATIVE SHOWDOWN
Students learned
• financial literacy
• marketing
54. PROJECT 1: STUDENT INITIATIVE SHOWDOWN
Students learned
• financial literacy
• marketing
• presentation skills
58. PROJECT 1: STUDENT INITIATIVE SHOWDOWN
Insurance Business Needed
$10,000 in annual locker theft
73. PROJECT 1: STUDENT INITIATIVE SHOWDOWN
analysed local market
defined unmet need
created plan
74. PROJECT 1: STUDENT INITIATIVE SHOWDOWN
analysed local market
defined unmet need
created plan
executed plan
99. PROJECT 2: ENTREPRENEURIAL INCUBATOR
Mory Mosadegh
• Born in Iran
• Immigrated to Canada
• Found inspiration &
opportunity in BC
126. PROJECT 2: ENTREPRENEURIAL INCUBATOR
Mory now has
• a realistic business plan
• attainable goals
• tools to achieve his goals
138. PROJECT 3: SPRING LIVING FAIR
Last year...
• one-day event
• 23 local vendors
• raised $4,000 in revenue
139. PROJECT 3: SPRING LIVING FAIR
Last year...
• one-day event
• 23 local vendors
• raised $4,000 in revenue
• attracted 1,000 visitors
143. PROJECT 3: SPRING LIVING FAIR
Last Year’s Success
=
1 EVENT 3 EVENTS
OVER 2 DAYS
148. PROJECT 3: SPRING LIVING FAIR
ETHICAL CHOICES
• continuation of last year
• products & services
149. PROJECT 3: SPRING LIVING FAIR
ETHICAL CHOICES
• continuation of last year
• products & services
• 37 local vendors
154. PROJECT 3: SPRING LIVING FAIR
ETHICAL BEATS
• benefit concert
• volunteered performances
155. PROJECT 3: SPRING LIVING FAIR
ETHICAL BEATS
• benefit concert
• volunteered performances
• raised $1,200 for the
Downtown Eastside
156. PROJECT 3: SPRING LIVING FAIR
ETHICAL BEATS
• benefit concert
• volunteered performances
• raised $1,200 for the
Downtown Eastside
161. PROJECT 3: SPRING LIVING FAIR
ETHICAL THREADS
• fashion show
• 19 eco-friendly clothing
designers
167. PROJECT 3: SPRING LIVING FAIR
Over the Weekend
56 vendors
2,000 visitors
$12,000 in revenue
196. PROJECT 4: SIFE STIMULUS
Survey showed
• 90% want to start a business
• cost & time challenges
199. PROJECT 4: SIFE STIMULUS
Survey showed
• website necessary
• no knowledge or skill
213. PROJECT 4: SIFE STIMULUS
Dean Gagnon
• waived costs
• no direct cost to company
223. PROJECT 4: SIFE STIMULUS
1,000 More Sites
=
$247,915 in economic savings
229. PROJECT 4: SIFE STIMULUS
Sepy Bazzazi Sateen Fighting Gear
• One-week trial
230. PROJECT 4: SIFE STIMULUS
Sepy Bazzazi Sateen Fighting Gear
• One-week trial
• Lower Mainland Costcos
231. PROJECT 4: SIFE STIMULUS
Sepy Bazzazi Sateen Fighting Gear
• One-week trial
• Lower Mainland Costcos
• $20,000 in inventory
236. Student Initiative Entrepreneurial
Showdown Incubator
Spring Living Fair SIFE Stimulus
237. Student Initiative Entrepreneurial
Showdown Incubator
7 SIFE CRITERIA
Spring Living Fair SIFE Stimulus
240. Criterion 1
MARKET ECONOMICS
Global Recession Teach Market Economics
241. Criterion 1
MARKET ECONOMICS
Global Recession Teach Market Economics
STUDENT INITIATIVE SHOWDOWN
250. CRITERION 1: MARKET ECONOMICS
Students learned how to
• analyse the market
• provide products &
services demanded
251. CRITERION 1: MARKET ECONOMICS
Students learned how to
• analyse the market
• provide products &
services demanded
• forecast sales
256. CRITERION 1: MARKET ECONOMICS
Concession Locker
Daycare
Stand Insurance
6 Different Businesses
257. CRITERION 1: MARKET ECONOMICS
Concession Locker
Daycare
Stand Insurance
6 Different Businesses
3 Teams
258. CRITERION 1: MARKET ECONOMICS
Concession Locker
Daycare
Stand Insurance
6 Different Businesses
3 Teams
$1,000 in Profits
273. CRITERION 2: SUCCESS SKILLS
Taught students to
• excel in the job market
• scholarship applications
274. CRITERION 2: SUCCESS SKILLS
Taught students to
• excel in the job market
• scholarship applications
• stand out in post-secondary
applications
280. CRITERION 2: SUCCESS SKILLS
Learned how to write
• resumes
• cover letters
• scholarship applications
290. CRITERION 2: SUCCESS SKILLS
Opportunity to demonstrate
• presentation skills
• self-confidence
• business understanding
337. CRITERION 4: FINANCIAL LITERACY
FINANCIAL LITERACY WORKSHOP
budgeting
financial statements
generating goals
347. CRITERION 4: FINANCIAL LITERACY
$500 HSBC Financial Literacy Grant
Partnership with BCIT School of Business
379. Criterion 6
BUSINESS ETHICS
Student Initiative Showdown
385. CRITERION 6: BUSINESS ETHICS
Mentors met with teams to
• ensure understanding
• help apply ethical guidelines
462. CRITERION 7: SUSTAINABILITY
EXECUTIVE TEAM SUCCESSION
Interview with Interview with
Application
Current Executive Faculty Advisor
Monitored by 3-Month Training
Strategic Planning
Predecessor Period
490. “SIFE BCIT and the Student
Initiative Showdown are
what inspired me to expand
my business knowledge.”
Yvonne